Ukraine posted zero economic growth over 2012 and 2013 because serious macroeconomic and structural weaknesses remain unaddressed. A combination of de-facto fixed exchange rate policy, loose fiscal policy together with considerable quasi-fiscal subsidies in the energy sector has led to further widening of the budget and the external imbalances and threatens sustainability.
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March 27, 2015 — Apart from being strikingly beautiful, forests provide a priceless resource – crucial for the world’s ecosystem and climate, as well as for local economies. World Bank helps forest managers from Moldova, Ukraine and Belarus fight illegal activities in the sector, and preserve ecosystem and economy.Read More »
March 4, 2015 — The World Bank’s Board of Executive Directors approved a US$214.73 million loan for the "Serving People, Improving Health Project" to speed up the implementation of the healthcare system reform in Ukraine.Read More »
The project aims at improving the energy efficiency of 10 district heating utilities around the country – saving energy, reducing CO2 emissions, and improving heat supply for over 3 million beneficiaries.Read More »